Zheng Quan Shi Bao Wang·2025-02-28 03:13Group 1 - Yonghui Supermarket announced the election of the sixth board of directors to be held on March 17, 2025, following the completion of its fifth board [1] - Six non-independent director candidates include Ye Guofu, founder and CEO of Miniso, and CFO Zhang Jingjing, indicating a significant shift in Yonghui's governance structure [1] - Miniso's acquisition of a 29.4% stake in Yonghui Supermarket for 6.27 billion yuan is expected to be finalized, making it the largest shareholder and entering Yonghui's core decision-making team [1] Group 2 - The transaction will result in the change of Yonghui's largest shareholder to Jun Cai International, which will hold a total of 29.4% of the shares [1] - Jun Cai International has committed not to seek control of Yonghui Supermarket and will not nominate independent directors [2] - Miniso has begun collaborating with Yonghui to optimize procurement costs and enhance its private label offerings, aiming to improve gross margins [2] Group 3 - Yonghui Supermarket reported a revenue of 54.549 billion yuan for the third quarter of 2024, a year-on-year decline of 12.14%, with a net loss of 77.8657 million yuan, a decrease of 248.91% [2] - The company is expected to incur a total loss of 1.4 billion yuan for the full year of 2024, with a net loss of 2.21 billion yuan after excluding non-recurring items [2] - Yonghui is implementing a transformation strategy inspired by the "Fat Donglai model," with plans to renovate 100 stores by mid-2025 [2]